Lifeline Announces That Inion Receives FDA Clearance for Trinion Meniscus Screw.RENO, Nev. -- Lifeline Biotechnologies Inc. (PINK: LBTT) today announced that the Trinion Meniscus meniscus /me·nis·cus/ (me-nis´kus) pl. menis´ci [L.] something of crescent shape, as the concave or convex surface of a column of liquid in a pipet or buret, or a crescent-shaped cartilage in the knee joint. Screw for use in knee cartilage repair, manufactured by Inion inion /in·i·on/ (in´e-on) the external occipital protuberance.in´ial in·i·on n. The most prominent projecting point of the occipital bone at the base of the skull. , of Finland and distributed in the U.S. by Lifeline, has received FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. clearance. The clearance allows Inion's Trinion screws to be marketed and sold in the US, complementing the company's Hexalon biodegradable cruciate ligament cruciate ligament ligamentum cruciatum genus Sports anatomy Either of 2 major ligaments which form a cross in the knee joint, ensuring proper movement; the anterior CL is more susceptible to injury and rupture than the posterior, which is deeper in the joint. repair screw. These products are marketed to the sports medicine sports medicine, branch of medicine concerned with physical fitness and with the treatment and prevention of injuries and other disorders related to sports. Knee, leg, back, and shoulder injuries; stiffness and pain in joints; tendinitis; "tennis elbow"; and and orthopedic markets. Trinion screws are used for the fixation of longitudinal vertical meniscus lesions, where the knee cartilage has torn. The benefits of the Trinion screw include a dual thread screw for optimal fixation with a headless design to allow complete insertion into the meniscus to avoid chondral lesion development. To aid surgeons, the screws are colored to allow improved visibility in arthroscopic procedures and are cannulated can·nu·late also can·u·late tr.v. can·nu·lat·ed, can·nu·lat·ing, can·nu·lates To insert a cannula into (a bodily cavity, duct, or vessel), as for the drainage of fluid or the administration of medication. adj. for increased ease of insertion. FDA 510(k) clearance is awarded to medical device manufacturers prior to commercial distribution in the US. Trinion was awarded a CE-mark, the European equivalent of 510(k) clearance in July 2003. Lifeline Biotechnologies currently markets Inion's Haxalon product for anterior crucial ligament repair in the US. Inion Ltd. is a Finnish company specializing in the development of biodegradable medical implants. Inion's core expertise and technology lies in the design and manufacture of innovative biodegradable polymer devices, such as plates, screws, pins and membranes. These implants are used to enhance the healing of skeletal injuries (bone and soft tissue), such as those caused by trauma or by reconstructive surgery reconstructive surgery n. Plastic surgery. reconstructive surgery, n surgery to rebuild a structure for functional or esthetic reasons. . Inion uses expertise in polymer chemistry and surgical techniques to develop systems with strength and degradation profiles tailored for each surgical application. Lifeline Biotechnologies, Inc. is a company with innovative medical technologies committed to the improvement of the quality of life through exceptional health care systems. These technologies focus on prevention, early detection, diagnosis and quick recovery of a number of disease conditions. The company's two divisions, Orthopedics Instruments and Cancer Detection technologies, each deal with cutting edge innovation to assist practicing physicians to deliver quality medical care. The MastaScope(TM) is used in the early detection of cancer and other abnormalities of the breast. The MastaScope(TM) has completed development and has entered the marketplace in the US and internationally. The First Warning Systems for assisting in the early detection of breast cancer and the Ovarian Scope for assisting in the early detection of ovarian cancer ovarian cancer Malignant tumour of the ovaries. Risk factors include early age of first menstruation (before age 12), late onset of menopause (after age 52), absence of pregnancy, presence of specific genetic mutations, use of fertility drugs, and personal history of breast are continuing to be developed by the company. The Orthopedic division is the exclusive distributor for the Arthronet Shaver Blades in the US, Canada and Mexico and also the exclusive distributor for the Inion bioabsorable screw for the US and Canadian markets. More information is available at the company's website: www.lbti.com. This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. In particular, when used in the preceding discussion, the words "believe", "experts", "projects", "forecasts", "intends", "will", "anticipated", "could", or "may", and similar conditional expressions are intended to identify forward-looking statements within the meaning of the act and are subject to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. created by the act. Except for historical information, all of the statements, expectations and assumptions contained in the foregoing are forward-looking statements that involve a number of risks and uncertainties. |
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